MasterStream has been acquired by Connectbase
Washington, DC, (January 5, 2024) – FOCUS Investment Banking (“FOCUS”), ...
Washington, DC, (January 5, 2024) – FOCUS Investment Banking (“FOCUS”), ...
The FOCUS Communications Service Provider Index (CSPI) was in the red for the second straight reporting period as it dropped 0.9% in the past three months. On the bright side, the sector still managed to outperform both of the broader indices as the S&P 500 dropped 3.7% and the NASDAQ dropped 4.1% over this same time period. The CSPI is still up double digits compared to this time last year with a gain of 11.5%. While strong, this increase actually compares unfavorably to the broader indices, each of which boasted increases in the neighborhood of 20%. Sector multiples ended the period at 2.4x revenue and 6.3x EBITDA. Both of these represent increases from year-ago multiples of 2.2x revenue and 5.7x EBITDA.
FOCUS Telecom Business Services Quarterly: Fall 2023 Report ...
The FOCUS Telecom Technology Index (TTI) jumped up 9.7% in the most recent three months. This outperformed both the 7.8% gain in the S&P 500 and the 8.5% gain in the NASDAQ. However, the situation is reversed for the 12-month period as the 11.9% gain in the TTI lagged the 14.0% gain in the S&P 500 and the 18.8% gain in the NASDAQ. Sector multiples trended higher compared to this time last year, but only by a relatively small margin. The TTI’s revenue multiple increased from 2.4x a year ago to 2.5x currently, while the EBITDA multiple went from 13.1x to 13.7x over the same time period.
TELECOM TESTIMONIALS Hear From Our Clients ...
"FOCUS played a critical role in the process. Their expertise, ...
“FOCUS has seasoned investment bankers that know the market. They ...
"I decided to sell my company to a larger organization ...
Software Synergy, Inc. (“SSI”), a provider of automated, intelligent network-wide routing and optimization solutions for the planning and management of communications service provider networks, in its acquisition by TEOCO. This case study highlights the unique process of this transaction.
FOCUS Investment Banking Named #1 Lower Middle Market M&A ...